What is the typical makeup of a carriers general account?

Note that every carrier’s investment strategy is different but, typically, the general account portfolio predominantly consists of investment-grade bonds and mortgages. According to SNL Financial as of year-end 2016, life insurance carriers investment portfolio consisted of 75.86% bonds and 11.69% mortgage loans. 33% of the bond portfolio had maturities less than 5 years; 46% had maturities between 5 and 20 years; and 21% had maturities greater than 20 years.

Note that due to volatility, common stock and other equity investments are limited in the general account and last year comprised less than 2% of the overall investment portfolio for carriers.

Bank Owned Life Insurance

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Testimonials

"I have utilized John’s expert services for the past 9 years, now with two different organizations. His work is of the highest caliber in terms of quality and content. He is always responsive, and conducts his business with the utmost professionalism and integrity. I highly recommend him both as an individual and as an expert in what has become a pretty complicated niche of the insurance business."

- Dennis Keefe, CEOCare New England

"Just got reviewed by the FDIC. They were very impressed with the [BOLI] compliance and [BOLI] website. Some of the best they’ve seen."

- David Wallace, PresidentLowell Five Cents Savings Bank

"We have worked with BoliColi for the past five years and they have been very helpful in providing both consulting and administration support for a number of our nonqualified programs. They deliver timely and thorough information on our plans and the level of service is exceptional.
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- Mark R. O’Connell, President & CEOAvidia Bank

"I have had nothing but positive experiences dealing with the staff at Bolicoli/M Benefit Solutions over the many years working with them. Their knowledge in the BOLI and Executive Compensation arena has been an invaluable resource to me over the years. I highly endorse the professionals and the company and give them a solid “A” for performance and follow-through."

- Gary M. Abrams, Executive VP, CEO, CFOLeominster Credit Union

"This is a highly experienced and extremely knowledgeable team of professionals. Their Board presentations and regulatory guidance is invaluable to community banks seeking Executive Benefits and BOLI products."

- Chris Emmons, President & CEOGorham Savings Bank

"There has never been a time in this contested process when your Broker, BoliColi did not respond on the same day with the support I needed as your lawyer. I am very grateful."

- George L. Chimento, Attorney at LawDavis, Malm & D’Agostine, P.C.

"BoliColi provided our bank with an executive retirement program that fit our culture while helping us to successfully retain and reward key executives. They delivered BOLI products to meet our needs and their administration infrastructure and systems fulfills the informational needs of our examiners, our finance folks and plan participants. Given their professionalism, experience and knowledge, it’s easy to understand why ICBA has such a long-standing and successful relationship with BoliColi.
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"Landmark School has been the beneficiary of BoliColi guidance and support in helping to define and implement a deferred compensation plan that is truly making a difference for key employees. We all appreciate your knowledge and service….Thank you!"

- Bob Broudo, President and HeadmasterLandmark School

"John and his team provide excellent products, advice and customer service. I appreciate his expertise and detailed follow-through."

Disclaimer

None of the content in this website, including the testimonials, relate to the provision of investment advisory services.

The testimonials used may not be representative of the experience of other clients, and they are not indicative of future performance or success.

BoliColi.com is presently licensed to sell traditional life insurance in CT,DC,FL,IA,MA,MD,ME,MI,NH,NJ,NY,OR,PA,RI,VT. Insurance services are limited to residents of the above listed state. Residents of other states should consult with a local agent for insurance services.

Variable life and annuity products, as well as other securities products, may be sold in CT,DC,FL,IA,MA,MD,ME,MI,NH,NJ,NY,OR,PA,RI,VT. Residents of other states should consult with a local registered representative for securities products.

This material is intended for informational purposes only and should not be construed as legal or tax advice and is not intended to replace the advice of a qualified attorney, tax advisor or plan provider.